Category: Private Foundations

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Private Operating Foundations: An Option for Hands-On Philanthropists

Private operating foundations may have distinct advantages over other types of 501(c)(3) tax-exempt organizations for philanthropists who want to have more direct involvement in guiding their philanthropic program and impact.[1]  Philanthropists with access to the financial means to fund their foundation’s activities …

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Should Our Company Establish a Corporate Foundation?

When used strategically, corporate foundations can advance a company’s philanthropic goals.  However, operating a corporate foundation comes with many legal obligations.  A company’s social impact goals may often be achieved more effectively or efficiently through other strategies. Therefore, it’s critical to assess …

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